Breaking: RBA raises OCR by 50 bps to 1.85%, AUD/USD drops - FXStreet


8/1/2022 12:00:00 AM2 years 9 months ago
by FXStreet Team

The Reserve Bank of Australia (RBA) board members decided to increase the official cash rate (OCR) by 50 basis points (bps) from 1.35% to 1.85% at it

The Reserve Bank of Australia (RBA) board members decided to increase the official cash rate (OCR) by 50 basis points (bps) from 1.35% to 1.85% at its August 2 monetary policy meeting. The central b… [+2825 chars]

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